Stride
142 hedge funds and large institutions have $661M invested in Stride in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 50 increasing their positions, 53 reducing their positions, and 39 closing their positions.
2% less call options, than puts
Call options by funds: $6.85M | Put options by funds: $7.01M
6% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 53
1.93% less ownership
Funds ownership: 87.37% → 85.44% (-1.9%)
9% less capital invested
Capital invested by funds: $728M → $661M (-$67M)
11% less funds holding
Funds holding: 159 → 142 (-17)
36% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$30M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$9.21M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$8M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$4.07M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$3.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$16.7M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.65M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$5.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.82M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.7M |
LRN Hedge Fund Activity: Q1 2020 in Review
142 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Stride (LRN) for Q1 2020, worth a combined $661M — down 9.2% from $728M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of LRN and 25 opened new positions — a net loss of 14 holders — while 53 trimmed existing stakes and 50 added.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $30M. The largest seller was JP Morgan Chase, cutting an estimated $16.7M.
- 142 institutional investors held Stride (LRN) as of Q1 2020, down from 159 in Q4 2019.
- Funds reported $661M of Stride stock for Q1 2020, down 9.2% quarter-over-quarter.
- 25 funds opened new Stride positions in Q1 2020 and 39 closed out, a net change of -14 holders.
- The largest Stride buyer in Q1 2020 was Fuller & Thaler Asset Management, an estimated $30M added.
- The largest Stride seller in Q1 2020 was JP Morgan Chase, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2020.